Cencosud expands retail footprint with new discount format and AI integration

Cencosud is expanding its retail footprint and technological integration across Latin America. In Chile, the company has launched Don Salva, a new hard-discount supermarket format. These small-format stores, approximately 180 square meters in size, focus on low costs through limited assortments and private-label goods. Following the first opening in Santiago in May 2026, CEO Rodrigo Larraín stated the company aims to reach 40 stores by the end of the year.

In Brazil, Cencosud’s subsidiary Prezunic participated in Rio Innovation Week to showcase smart supermarket concepts. The company is utilizing artificial intelligence to redefine retail operations, aiming for increased efficiency and improved customer experiences.

Financial reports for Q2 2026 indicate a total revenue of CLP 4.09 trillion, despite a net loss of CLP 18.1 billion. Notably, Cencosud’s operations in Colombia showed significant growth, with EBITDA increasing by 92.9% in CLP. This follows the company's agreement to acquire Makro Colombia for US$158 million.